Then slowly increase price to Rs. 100 p.m ànd then lower your losses.. and ultimately in 40 years you'll somehow break even in india, then think of minimum profits. I know it's a long time. But you need to have patience in India.
FOR FUN:
Uneconomical Suggestion to Netflix Written Some time Back
1)Make shows like Breaking Bad, Stranger things, Squid Game Free to even non subscribers
2) Introduce aggressive Rs. 50 P.M plan with ads for Indian Market, With a guarantee of no price increase for next 3 years
And you get 3 crore subscribers for who stay with you for 5 years from whom you make Rs. 1800 crore per year from them and in 5 years you make 9000 crores in total.
So you lost Rs. 36500 crores in 5 years.
This is your cash burn to Acquire customers.